South Bow presents growth plans targeting mid-2027 final investment decision

• South Bow is targeting a mid-2027 final investment decision on its proposed Prairie Connector and jointly developed Liberty Bridge Pipeline projects.
• Expected pre-investment-decision spending totals about $65 million in each of 2026 and 2027.
• The projects secured 20-year binding transportation commitments from nine customers for service from Hardisty to U.S. delivery points.
• Third-quarter 2026 normalized EBITDA reached $248 million; distributable cash flow totaled $187 million, supported by a one-time favorable tax adjustment.
• Repurchases extinguished $320 million of senior unsecured notes; net debt-to-normalized EBITDA stood at 4.3 times against a medium-term target of four times.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. South Bow Corporation published the original content used to generate this news brief on November 04, 2026, and is solely responsible for the information contained therein.